The cost of producing late night programs has risen as the media industry has been upended by streaming and shifting consumer habits.

Sen. Adam Schiff, D-Calif., said, “If Paramount and CBS ended ‘The Late Show’ for political reasons, the public deserves to know. And deserves better.”

Letterman didn’t believe the financial hardship claims were the reason for the cancellation, instead blaming the company executives who feared Paramount’s sale to Skydance wouldn’t go through.

While many in the late-night community are standing by Stephen Colbert, one veteran host has a different perspective. Jay Leno recently commented on the political comedy of today’s late-night hosts after The Late Show with Stephen Colbert was unceremoniously canceled at CBS,